Rexford Industrial Q2 GAAP net loss widens to $523.81 million; core FFO/share rises 6.8% to $0.63 year over year
Reuters2026/07/23 20:18By:Reuters
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- Rexford Industrial Realty posted a GAAP net loss of $523.81 million for Q2 2026, swinging from net income of $120.39 million a year earlier.
- Non-GAAP core FFO rose 1.54% to $150.02 million, lifting core FFO per diluted share 6.78% to $0.63.
- Non-GAAP NOI edged up 0.27% to $186.78 million, while cash NOI slipped 0.32% to $173.01 million.
- Average same-property occupancy was 96% in Q2; ending occupancy fell 110 basis points from Q1 to 95.1%.
- Raised 2026 core FFO per diluted share outlook to $2.38-$2.43; lifted planned dispositions to $1.5-$2 billion and cut G&A guidance to about $57 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rexford Industrial Realty Inc. published the original content used to generate this news brief on July 23, 2026, and is solely responsible for the information contained therein.
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